$DOGE is finally showing signs of life after a brutal downtrend.
After weeks of continuous selling pressure, Dogecoin has printed a Bullish Harami pattern on the Daily timeframe — a classic early reversal signal that often appears near market bottoms.
Let’s break this down technically + fundamentally 👇
📉 Market Context
DOGE has dropped nearly 60% from recent highs, forming lower highs and lower lows. Bears were fully in control until price reached the strong demand zone near 0.079 – 0.080.
From this support, buyers stepped in aggressively, creating a long lower wick followed by a small green candle inside the previous red candle — forming a Bullish Harami.
This tells us one thing clearly:
👉 Selling momentum is weakening.
👉 Buyers are attempting to take control.
🕯 Technical Structure
✅ Bullish Harami formed on Daily
✅ Strong rejection wick from support (0.07991)
✅ RSI around 36 → Oversold recovery zone
✅ MACD bearish momentum slowing
✅ Volume expanding on the bounce
Price is currently trying to reclaim 0.098 – 0.101 zone, which is short-term resistance + MA7 area.
🎯 Confirmation Strategy (For Traders)
Aggressive Entry:
👉 Break & close above 0.101 – 0.103
Conservative Entry:
👉 Daily close above MA7 + follow-through candle
Stop Loss:
⛔ Below 0.079
Targets:
🎯 0.110
🎯 0.125
🎯 0.145
If momentum builds, we could even see a move toward MA25 zone.
🌐 Fundamental View
Despite recent market weakness, meme coins like DOGE remain extremely sensitive to:
• Overall Bitcoin direction
• Market sentiment
• Social hype
• Elon-related narratives
Any BTC recovery or meme-coin rotation can instantly fuel DOGE.
However — without BTC confirmation, every bounce remains a technical relief rally.
⚠️ Important Reality Check
Bullish Harami alone does NOT guarantee trend reversal.
It only signals:
👉 Possible bottom
👉 Weakening bears
👉 Buyers testing control
Real trend change comes only after:
✔ Higher High
✔ Higher Low
✔ Strong volume continuation
❓The Big Question Traders Must Ask:
Is this the beginning of a new DOGE uptrend…
or just another bounce before continuation dump?
Will Bullish Harami turn into a full trend reversal —
or are we about to see one more leg down?
Market is standing at a decision zone.
💡 Smart traders wait for confirmation.
💡 Emotional traders FOMO early.
Trade what you see — not what you hope.
🔥 Follow by Abdulsamad
